Latest News for: Anglo american mining

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SA power generation safe despite transition to green tech − analysts

Independent online (SA) 12 Apr 2021
Anglo American announced plans to spin off its thermal coal operations to Thungela Resources following years of pursuing a responsible transition away from fossil fuels ... “We've seen South32, Anglo American, BHP Billiton and Glencore make efforts to reduce or limit their thermal coal exposure.
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Anglo American says output on track at Chilean mines despite virus surge

Mining Weekly 12 Apr 2021
A resurgence of Covid-19 in Chile should not dampen output at Anglo American's sprawling copper mines in the Andean ...
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Exxaro latest firm to offload thermal coal amid environmental concerns

Independent online (SA) 12 Apr 2021
Exxaro's disinvestment in ECC, the owner of the Dorstfontein, Forzando and Tumelo mines came a day after global diversified mining giant Anglo American plc confirmed the spinning off of its South African thermal coal assets into an entity called Thungela Resources.
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Anglo American spins out thermal coal assets under climate pressure

The Times/The Sunday Times 09 Apr 2021
Anglo American’s shareholders will receive one Thungela share for every ten Anglo shares they own ... Anglo American also mines copper, coking coal, iron ore and diamonds.
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Anglo American to spin off South African coal mines

Ghana Web 08 Apr 2021
Anglo American Plc will separate its South African coal mines into a new business this year, as the company accelerates its response to investor pressure over the most-polluting fuel ... Investors will receive one Thungela share for every ten Anglo American shares that they hold ... Anglo previously sold a group of mines to Seriti Resources Holdings Ltd.
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Anglo American to Spin Off South African Coal Assets. Why That Matters for ESG Investors.

Barrons 08 Apr 2021
Anglo American will demerge its South African thermal coal operations ... Anglo American said in December it would divest from its South African and Colombian thermal coal operations by mid-2023 ... Anglo American shareholders will hold 100% of the issued share capital of Thungela, receiving one Thungela share for every 10 Anglo American shares they hold.
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Anglo American to spin off South African coal assets

Mining Dot Com 08 Apr 2021
Anglo American has consistently been offloading coal operations since 2014 ... “The proposed demerger recognizes the diverse range of views held by Anglo American’s shareholders in relation to thermal coal,” the company said ... While Anglo American is moving away from the most ...
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Anglo American to spin out South African thermal coal operations

The Times/The Sunday Times 08 Apr 2021
Anglo American mines a range of other commodities including copper, coking coal, iron ore and diamonds and reported net profits of $2.1 billion last year.
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Anglo American to demerge South African thermal coal assets

Mining Weekly 08 Apr 2021
Diversified mining and marketing company Anglo American is to demerge its ...
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MARKET REPORT: Car dealer Lookers shares in overdrive after unexpectedly strong sales during first three ...

The Daily Mail 08 Apr 2021
Mining giant Anglo American, on the other hand, was a hit with traders after unveiling plans to spin off its thermal coal division. Miners such as Anglo (up 3.2 per cent, or 96p, to 3084p) have come under criticism for operating coal mines from investors who want them to do more to tackle climate change.
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ALEX BRUMMER: Pascal Soriot must jet back from his lockdown bolthole to safeguard Astrazeneca's reputation

The Daily Mail 08 Apr 2021
Mine field. The passions aroused by king coal as the world speeds towards clean energy have been symbolised by planning delays to a new deep mine in Cumbria ... Anglo American is seeking to underline its environmental credentials by de-merging its South African thermal coal deposits, renaming them Thungela, and listing on Johannesburg and London.
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European shares hit record highs on hopes of stimulus-fuelled recoveries from Covid crisis

The Irish Times 08 Apr 2021
DUBLIN ... Airline Ryanair Holdings shed 2.22 per cent to €16.515 ... Mining giant, Anglo American, gave the blue-chip FTSE 100 index one of its biggest boosts on Thursday, climbing 3.21 per cent to 3,084p. The multi-national earlier announced plans to spin off its African coal mining operations ... The Anglo-Swedish drugmaker’s shares climbed 2 per cent ... US ... .
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European values surge on hopes of stimulus-fuelled Covid-19 recovery

The Irish Times 08 Apr 2021
DUBLIN ... Airline Ryanair Holdings shed 2.22 per cent to €16.515 ... LONDON ... Mining giant Anglo American gave the blue-chip FTSE 100 index one of its biggest boosts on Thursday, climbing 3.21 per cent to 3,084p. The multinational earlier announced plans to spin off its African coal mining operations ... The Anglo-Swedish drugmaker’s shares climbed 2 per cent ... .
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Ontario First Nation aims to stop De Beers landfill plan; Ring of Fire moratorium declared

Resource World 07 Apr 2021
“We don’t believe that Anglo American PLC and the Republic of Botswana want to allow De Beers staff to create a giant mine landfill on our Traditional Territory,” he said. De Beers is owned 85% by Anglo American Plc , a British multi-national mining company, and 15% by the Republic of Botswana.
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De Beers third diamonds sales cycles nets $440m

Mining Weekly 07 Apr 2021
Diversified miner Anglo American’s diamond mining business De Beers’ third sales cycle of rough ...
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